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Canadian Financial Close: TSX plunges amid widespread selloffs

By Commodity News Service Canada WINNIPEG, February 24 – The Canadian dollar finished relatively unchanged, compared to its US counterpart, as Canada’s monthly inflation rate hit 2.1%. While some analysts theorize the inflation rate could spark movement from the Bank of Canada in regards to the country’s interest rate, many expect the BoC to show […] Read more


U.S. livestock: Profit-taking pressures cattle futures, boosts hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly lower on Friday while lean hog futures gained sharply as investors took profits in each livestock contract, traders and analysts said. Cattle fell after Thursday’s nearly four-week high and hogs rebounded from a roughly two-month low. “It’s just an end-of-the-week rally,” Rosenthal Collins […] Read more

Pulses: Large Canadian pea exports at risk of drying up

By Commodity News Service Canada Winnipeg, Feb. 24 (CNS Canada) – Canada exported 92,600 tonnes of peas during the week ended February 19, according to the latest Canadian Grain Commission data. Total pea exports to date, of 2.15 million tonnes are still running well ahead of the 1.72 million exported during the same period the […] Read more


Feed Grains: Porridge wets oat buyers’ appetites

By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Friday, February 24. Prices for Saskatchewan feed barley felt 10 cents over the past week, according to the Prairie Ag Hotwire. Bids are now going for C$2.24-$2.70 a bushel. Feed wheat bids in Saskatchewan, […] Read more

North American Grain/Oilseed Review: Canola Ends Narrowly Mixed

By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Feb. 24 (CNS Canada) – ICE Futures Canada canola contracts were mixed at Friday’s close, seeing some consolidation to end the week. Bearish chart signals weighed on values for most of the day, while the recent weakness in crush margins also kept canola under […] Read more


Between the Rows: Consolidations, composites, canola

Have farm commodity groups in Canada got enough common ground to consider not only collaborating, but merging? On the latest episode of Glacier FarmMedia’s new weekly podcast, Between The Rows, host and Manitoba Co-operator editor Gord Gilmour speaks with Co-operator reporter Allan Dawson coming out of the recent CropConnect conference, on the potential for producer […] Read more

ICE Canola Weakens With Spec Selling

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 24 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Friday, as the speculative selling that weighed on prices Thursday continued to weigh on values. While gains in Chicago Board of Trade soybeans provided some support, a broker pointed out that canola lagged […] Read more


ICE Canola Dips with Currency Action and Soybean Losses

By Dave Sims, Commodity News Service Canada WINNIPEG, February 24 – Canola contracts on the ICE Futures Canada platform were lower Friday morning, tracking losses in US soybeans and action in the Canadian currency. The Canadian dollar was slightly stronger relative to its US counterpart, which made canola less desirable on the international market. Losses […] Read more

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, February 24 – The Canadian dollar was stronger in early activity on Friday, underpinned by domestic data. At 8:52 CST Friday, the Canadian dollar was at US$0.7637 or US$=C$1.309, which compares with Thursday’s North American close of US$0.7625 or US$1=C$1.3114. The Canadian Consumer Price Index (CPI) rose 2.1 per […] Read more